ITV

Tag: Revenue

  • India to have a billion unique mobile subscribers by ’20; Delhi talent favourite

    India to have a billion unique mobile subscribers by ’20; Delhi talent favourite

    MUMBAI: The contribution of mobile industry to the country’s gross domestic product (GDP) amounts to approximately US$140 billion (Rs 9,60,783 crore), the Department of Industrial Policy and Promotion and the Department of Telecom recently reported. India’s current GDP employs over four million people. At present, at 6.5 per cent, the government of India has stated that the mobile industry’s contribution is likely to rise to 8.2 per cent by 2020.

    According to the report, India is expected to cross the one billion unique mobile phone subscribers mark by 2020. India will also see an increase in adoption of 4G services with number of 4G connections estimated to grow to 280 million by 2020 from just three million in 2015. Further, the report claimed that the mobile industry is expected to add 800,000 more jobs.

    A survey by human resource (HR) solutions company PeopleStrong suggested that Delhi has emerged as the most preferred region for hiring in telecom and allied sectors. Hiring intent in this sector is expected to increase from 16% in 2016 to 20% in 2017.

    In 2011-12, telecom sector contributed about 2.1 per cent of GDP with revenue of Rs 1,85,930 crore while, due to the increase in revenue next year to Rs 2,07,498 crore, the net contribution came down to 2.07 per cent. The revenue generated by the telecom sector in 2014-15 was Rs 2,42,900 crore, making it a contribution of 1.94 per cent to GDP.

    Vodafone tops the list of investments with Rs 10,299 crore ($1,500.79 million) followed by Videocon International Electronics with Rs 4924 crore ($719.76 million). At third position stands Telenor at $573.15 million followed by Sistema Shyam Teleservices $451.83 million, Bharti Infratel $240.37 million, and Idea Cellular $123.22 million.

    PeopleStrong CEO Pankaj Bansal said Delhi’s emergence for hiring could be attributed to the availability of the engineering and general graduate talent pool in this area or to the fact that many telecom and allied industries are headquartered in Delhi NCR.

  • Sun TV posts improved y-o-y numbers for Q2-17

    Sun TV posts improved y-o-y numbers for Q2-17

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding year ago quarter (Q2-16).

    Sun TV reported 10.4 per cent higher year-over-year (y-o-y) revenue in the current quarter at Rs 625.49 crore as compared to Rs 567.55 crore in Q2-16.

    Revenue growth in Q2-17 was led by a 17 per cent y-o-y increase in subscription revenue at Rs 228.55 crore from Rs 195.32 crore, and a two per cent y-o-y increase in advertisement revenue at Rs 309.43 crore as compared to Rs 302.93 crore.

    The company’s Profit after tax or PAT improved 21.7 per cent y-o-y to Rs 270.35 crore (43.2 per cent margin) as compared to Rs 222.07 crore (39.1 per cent margin).

    Sun TV EBIDTA in the current quarter was Rs 466.32 crore (74.6 per cent EBIDTA margin), 8.3 per cent higher as compared to Rs 430.52 crore (75.9 per cent EBIDTA margin) in Q2-16.

    Total Expenditure (TE) in the current quarter increased 3 per cent to Rs 262.20 crore (41.9 per cent of TIO) as compared to Rs 254.61 crore (44.9 per cent of TIO) in the corresponding quarter of the previous year.

    Employee Remuneration and Benefits Expense (EBE) in Q2-17 increased 21.2 per cent to Rs 71.83 crore (11.5 per cent of TIO) as compared to Rs 59.27 crore (10.4 per cent of TIO) in Q2-16.

    Other expenses (OE) in the Q1-17 was 9.7 per cent higher at Rs 36.01 crore (5.8 per cent of TIO) as compared to Rs 32.83 crore (5.8 per cent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The results of the half year ended 30 September 2016 (HY1-17) include IPL revenue of Rs 143.90 crore as compared to Rs 96.5 crore in HY1-16 and expenses of Rs 175.02 crore and Rs 143.25 crore for HY1-17 and HY-16 respectively.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Sun TV posts improved y-o-y numbers for Q2-17

    Sun TV posts improved y-o-y numbers for Q2-17

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding year ago quarter (Q2-16).

    Sun TV reported 10.4 per cent higher year-over-year (y-o-y) revenue in the current quarter at Rs 625.49 crore as compared to Rs 567.55 crore in Q2-16.

    Revenue growth in Q2-17 was led by a 17 per cent y-o-y increase in subscription revenue at Rs 228.55 crore from Rs 195.32 crore, and a two per cent y-o-y increase in advertisement revenue at Rs 309.43 crore as compared to Rs 302.93 crore.

    The company’s Profit after tax or PAT improved 21.7 per cent y-o-y to Rs 270.35 crore (43.2 per cent margin) as compared to Rs 222.07 crore (39.1 per cent margin).

    Sun TV EBIDTA in the current quarter was Rs 466.32 crore (74.6 per cent EBIDTA margin), 8.3 per cent higher as compared to Rs 430.52 crore (75.9 per cent EBIDTA margin) in Q2-16.

    Total Expenditure (TE) in the current quarter increased 3 per cent to Rs 262.20 crore (41.9 per cent of TIO) as compared to Rs 254.61 crore (44.9 per cent of TIO) in the corresponding quarter of the previous year.

    Employee Remuneration and Benefits Expense (EBE) in Q2-17 increased 21.2 per cent to Rs 71.83 crore (11.5 per cent of TIO) as compared to Rs 59.27 crore (10.4 per cent of TIO) in Q2-16.

    Other expenses (OE) in the Q1-17 was 9.7 per cent higher at Rs 36.01 crore (5.8 per cent of TIO) as compared to Rs 32.83 crore (5.8 per cent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The results of the half year ended 30 September 2016 (HY1-17) include IPL revenue of Rs 143.90 crore as compared to Rs 96.5 crore in HY1-16 and expenses of Rs 175.02 crore and Rs 143.25 crore for HY1-17 and HY-16 respectively.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Network18 braces up revenue function with new appointments

    Network18 braces up revenue function with new appointments

    MUMBAI: Network18, one of India’s most diversified media conglomerates, has been strengthening its revenue team since the past few months after Joy Chakraborthy took over as the President – Revenue for TV18 and CEO-Forbes India in May 2016.

    Moving forward, it has appointed Amit Tripathi as the national revenue head for government sales & non-metro markets, and Sandhya Dhar as the vice president – focus sales (branded content of the network).

    Chakraborthy said, “I believe that such talent will continue to strengthen the revenue proposition, and provide greater momentum to the sales function.”

    Tripathi has over 21 years of experience in sales, marketing & business development. Prior to joining Network18, he was the COO and national sales head at Focus News. He also served as the national sales head at Zee News in the past.

    Dhar has over 17 years of experience in sales. She was the asst. vice president & sector head (BFSI & HealthCare) at ET Edge (Times Conferences Limited). She was associated with Bennett Coleman & Company for over a decade into brand-building and sales.

    Tripathi will report to Chakraborthy.

    Network18 is a media and entertainment group with interests in television, internet, films, e-commerce, magazines, mobile content and allied businesses. Through its subsidiary, TV18 Broadcast Ltd., the group operates news channels such as CNBC-TV18, CNBC Awaaz, CNBC-TV18 Prime HD, CNN-News18 and IBN7. TV18 also operates a joint venture with Viacom called Viacom18.

  • Network18 braces up revenue function with new appointments

    Network18 braces up revenue function with new appointments

    MUMBAI: Network18, one of India’s most diversified media conglomerates, has been strengthening its revenue team since the past few months after Joy Chakraborthy took over as the President – Revenue for TV18 and CEO-Forbes India in May 2016.

    Moving forward, it has appointed Amit Tripathi as the national revenue head for government sales & non-metro markets, and Sandhya Dhar as the vice president – focus sales (branded content of the network).

    Chakraborthy said, “I believe that such talent will continue to strengthen the revenue proposition, and provide greater momentum to the sales function.”

    Tripathi has over 21 years of experience in sales, marketing & business development. Prior to joining Network18, he was the COO and national sales head at Focus News. He also served as the national sales head at Zee News in the past.

    Dhar has over 17 years of experience in sales. She was the asst. vice president & sector head (BFSI & HealthCare) at ET Edge (Times Conferences Limited). She was associated with Bennett Coleman & Company for over a decade into brand-building and sales.

    Tripathi will report to Chakraborthy.

    Network18 is a media and entertainment group with interests in television, internet, films, e-commerce, magazines, mobile content and allied businesses. Through its subsidiary, TV18 Broadcast Ltd., the group operates news channels such as CNBC-TV18, CNBC Awaaz, CNBC-TV18 Prime HD, CNN-News18 and IBN7. TV18 also operates a joint venture with Viacom called Viacom18.

  • Q2-2016: Hathway YoY revenue up 25.6%

    Q2-2016: Hathway YoY revenue up 25.6%

    BENGALURU: Indian multi system operator (MSO) Hathway Cable and Datacom Limited (Hathway) reported 25.6 per cent YoY growth in standalone Total Income from Operations (TIO) in Q3-2016 (quarter ended 31 December, 2015, current quarter) at Rs 300.43 crore as compared to Rs 239.15 crore and 9.6 per cent more than the Rs 270.03 crore in Q2-2016.

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore

    All numbers in this report are standalone unless stated otherwise.

    The company’s EBIDTA (excluding other income) in Q3-2016 more than doubled (by 2.02 times) YoY to Rs 49.81 crore (16.6 per cent margin) as compared to Rs 24.58 crore (10.3 per cent margin) and increased 45.8 per cent QoQ as compared to Rs 34.15 crore (12.5 per cent margin) in the immediate trailing quarter.

    Subscription numbers, broadband, activation and placement revenue

    Hathway says that its consolidated set top box (STB) deployment reached 96 lakh subscribers (Q3-2016 addition eight lakh) as on 31 December, 2015 and that 80 per cent of its cable universe is digitised.

    Hathway consolidated broadband subscribers increased by 50,000 in Q3-2015 to 5.67 lakh.

    Cable TV subscription revenue in Q3-2016 increased 9.1 per cent YoY to Rs 108  crore as compared to Rs 99 crore and was almost flat (increased by less than 0.5 per cent) QoQ as compared to Rs 107.5 crore.

    Broadband subscription revenue in the current quarter increased 53.4 per cent YoY to Rs 78.7 crore as compared to Rs 57.7 crore and increased 9.5 per cent QoQ as compared to Rs 57.7 crore.

    Activation revenue in Q3-2016 more than tripled (3.1 times) YoY to Rs 22.3 crore as compared to Rs 7.2 crore and was almost fivefold (4.7 times) of the Rs 4.5 crore in Q2-2016.

    Placement revenue increased 8.4 per cent in the current quarter to Rs 82.2 crore as compared to Rs 75.8 crore in the corresponding prior year quarter, but declined 3.1 per cent as compared to Rs 84.8 crore in Q2-2016.

    ARPUs

    Net of taxes cable ARPU in Digital Addressable System (DAS) Phase I was Rs 102 and Phase II was Rs 83 as compared to Rs 100 and Rs 80 respectively in the immediate prior quarter.

    Hathway broadband standalone ARPUs increased 3.8 per cent QoQ from Rs 658 to Rs 683.

    Let us look at the other numbers reported by Hathway 

    Hathway’s standalone Total Expenditure in Q3-2016 increased 14.5 per cent YoY to Rs 314.27 crore (104.6 per cent of TIO) from Rs 274.39 crore (114.7 per cent margin) and increased 4.3 per cent from Rs 301.40 crore (110 per cent of TIO) in Q2-2015.

    Standalone Pay Channel cost in Q3-2016 increased 11.3 per cent to Rs 104.64 crore (34.8 per cent of TIO) from Rs 94.04 crore (39.3 per cent of TIO) and increased 6.5 per cent from Rs 98.27 crore (35.9 per cent of TIO) in Q2-2016.

    Employee Benefit Expense in Q3-2016 increased 37.4 per cent YoY to Rs 19.19 crore (6.4 per cent of TIO) from Rs 13.96 crore (5.8 per cent of TIO) in Q3-2015 and increased 6.4 per cent from Rs 17.83 crore (6.5 per cent of TIO) in Q2-2016.

  • Q2-2016: Hathway YoY revenue up 25.6%

    Q2-2016: Hathway YoY revenue up 25.6%

    BENGALURU: Indian multi system operator (MSO) Hathway Cable and Datacom Limited (Hathway) reported 25.6 per cent YoY growth in standalone Total Income from Operations (TIO) in Q3-2016 (quarter ended 31 December, 2015, current quarter) at Rs 300.43 crore as compared to Rs 239.15 crore and 9.6 per cent more than the Rs 270.03 crore in Q2-2016.

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore

    All numbers in this report are standalone unless stated otherwise.

    The company’s EBIDTA (excluding other income) in Q3-2016 more than doubled (by 2.02 times) YoY to Rs 49.81 crore (16.6 per cent margin) as compared to Rs 24.58 crore (10.3 per cent margin) and increased 45.8 per cent QoQ as compared to Rs 34.15 crore (12.5 per cent margin) in the immediate trailing quarter.

    Subscription numbers, broadband, activation and placement revenue

    Hathway says that its consolidated set top box (STB) deployment reached 96 lakh subscribers (Q3-2016 addition eight lakh) as on 31 December, 2015 and that 80 per cent of its cable universe is digitised.

    Hathway consolidated broadband subscribers increased by 50,000 in Q3-2015 to 5.67 lakh.

    Cable TV subscription revenue in Q3-2016 increased 9.1 per cent YoY to Rs 108  crore as compared to Rs 99 crore and was almost flat (increased by less than 0.5 per cent) QoQ as compared to Rs 107.5 crore.

    Broadband subscription revenue in the current quarter increased 53.4 per cent YoY to Rs 78.7 crore as compared to Rs 57.7 crore and increased 9.5 per cent QoQ as compared to Rs 57.7 crore.

    Activation revenue in Q3-2016 more than tripled (3.1 times) YoY to Rs 22.3 crore as compared to Rs 7.2 crore and was almost fivefold (4.7 times) of the Rs 4.5 crore in Q2-2016.

    Placement revenue increased 8.4 per cent in the current quarter to Rs 82.2 crore as compared to Rs 75.8 crore in the corresponding prior year quarter, but declined 3.1 per cent as compared to Rs 84.8 crore in Q2-2016.

    ARPUs

    Net of taxes cable ARPU in Digital Addressable System (DAS) Phase I was Rs 102 and Phase II was Rs 83 as compared to Rs 100 and Rs 80 respectively in the immediate prior quarter.

    Hathway broadband standalone ARPUs increased 3.8 per cent QoQ from Rs 658 to Rs 683.

    Let us look at the other numbers reported by Hathway 

    Hathway’s standalone Total Expenditure in Q3-2016 increased 14.5 per cent YoY to Rs 314.27 crore (104.6 per cent of TIO) from Rs 274.39 crore (114.7 per cent margin) and increased 4.3 per cent from Rs 301.40 crore (110 per cent of TIO) in Q2-2015.

    Standalone Pay Channel cost in Q3-2016 increased 11.3 per cent to Rs 104.64 crore (34.8 per cent of TIO) from Rs 94.04 crore (39.3 per cent of TIO) and increased 6.5 per cent from Rs 98.27 crore (35.9 per cent of TIO) in Q2-2016.

    Employee Benefit Expense in Q3-2016 increased 37.4 per cent YoY to Rs 19.19 crore (6.4 per cent of TIO) from Rs 13.96 crore (5.8 per cent of TIO) in Q3-2015 and increased 6.4 per cent from Rs 17.83 crore (6.5 per cent of TIO) in Q2-2016.

  • FY-2015: Twitter revenue up 58%

    FY-2015: Twitter revenue up 58%

    BENGALURU: Twitter Inc reported 58.1 per cent increase in GAAP revenue for the year ended 31 December, 2015 (FY-2015, current year) at $2,218 million as compared to $1,403 million in FY-2014.

    Taking foreign exchange effect into account, revenue increased 58.1 per cent in the current year at $1,994 million as compared to $1,256 million. Loss for the current year reduced to $521.03 million as compared to $577.82 million in the previous year.

     

    Adjusted EBIDTA in FY-2015 increased 85.4 per cent to $577.81 million (25.1 per cent margin) in FY-2015 as compared to $300.90 million (21.4 per cent margin).

     

    For the quarter ended 31 December, 2015 (Q4-2015, current quarter), Twitter advertising revenue increased 48.3 per cent to $710.47 million from $479.08 million in the corresponding prior year quarter. Net loss in the current quarter declined $90.24 million as compared to $125.35 million in Q4-2014. Adjusted EBIDTA in Q4-2015 increased 35.3 per cent to $191.42 million (26.9 per cent margin) as compared to $141.49 million (29.5 per cent margin) in the corresponding prior year quarter.

     

    Twitter says that total advertising revenue reached $641 million in Q4-2015, an increase of 48 per cent year over year, as reported, and 53 per cent on a constant currency basis. Twitter owned-and-operated advertising revenue was $556 million, an increase of 31 per cent year over year. Non-owned-and-operated advertising revenue reached $85 million, or 13 per cent of advertising revenue, consistent with that of Q3-2015. Growth in total advertising revenue continues to be driven by strong growth in demand for our advertising products, particularly video and website card formats. However, year-over-year growth in the app install advertising format slowed meaningfully in Q4-2015 relative to that of Q3-2015. Sequential video revenue growth in Q4-2015 more than doubled that of total advertising revenue growth.

     

    By channel, the company says that SMB revenue was again the fastest growing on a year-over-year basis, driven by growth in new customers, though it remains the smallest segment of total advertising revenue by a considerable margin. Twitter’s direct sales channel showed the strongest growth in revenue on a sequential basis in the period, reflecting seasonal spending typically seen from brand advertisers in Q4-2015. Twitter’s base of total active advertisers grew by nearly 90 per cent in the period versus Q4 2014 – approximately 16 per cent on a sequential basis as the company continued to sign up new advertisers and grow overall demand on the platform.

     

    Data licensing and other revenue totalled $70 million in the quarter, up 48 per cent year over year, driven by more than 60 per cent growth in mobile ad exchange revenue.

     

    Advertising Metrics

     

    In Q4-2015, Twitter says it reached 130,000 active advertisers, up almost 90 per cent year over year, driven by small and medium-sized businesses (SMB) initiatives. Twitter expects that SMB growth will continue as it improves its product, making it faster and easier to run campaigns and improve Twitter’s direct response tools.

     

    Advertising revenue growth on a year-over-year basis was driven by an increase in ad engagements, which grew 153 per cent year over year. Twitter says that this was once again primarily the result of its move to auto-play video in late Q3-2015, as well as growth in our non-owned-and-operated business and an increase in ad load.

     

    Average cost-per-engagement (CPE) fell 41 per cent year over year, due primarily to the shift to auto-play video, which delivers more engagement at a much lower average CPE than click-to-play video ads. Overall ad load was higher in the quarter, on both a year-over-year and quarter-over-quarter basis, driven by the increase in advertiser demand.

     

    Audience

     

    Total MAUs (monthly average users) were 320 million for the current quarter, flat versus Q3-2015 and an increase of nine per cent on a year-over-year basis. MAUs, excluding SMS Fast Followers, grew six per cent year over year to 305 million, but were down on a sequential basis from 307 million in Q3. As of the end of January, Twitter says that it has already seen total MAUs, excluding SMS Fast Followers, return to Q3 levels. In Q4-2015, the company says that it saw positive impacts from its marketing initiatives, which contributed meaningfully to MAU growth; however, these were more than offset by organic declines, partially due to fourth quarter seasonal trends.

  • FY-2015: Twitter revenue up 58%

    FY-2015: Twitter revenue up 58%

    BENGALURU: Twitter Inc reported 58.1 per cent increase in GAAP revenue for the year ended 31 December, 2015 (FY-2015, current year) at $2,218 million as compared to $1,403 million in FY-2014.

    Taking foreign exchange effect into account, revenue increased 58.1 per cent in the current year at $1,994 million as compared to $1,256 million. Loss for the current year reduced to $521.03 million as compared to $577.82 million in the previous year.

     

    Adjusted EBIDTA in FY-2015 increased 85.4 per cent to $577.81 million (25.1 per cent margin) in FY-2015 as compared to $300.90 million (21.4 per cent margin).

     

    For the quarter ended 31 December, 2015 (Q4-2015, current quarter), Twitter advertising revenue increased 48.3 per cent to $710.47 million from $479.08 million in the corresponding prior year quarter. Net loss in the current quarter declined $90.24 million as compared to $125.35 million in Q4-2014. Adjusted EBIDTA in Q4-2015 increased 35.3 per cent to $191.42 million (26.9 per cent margin) as compared to $141.49 million (29.5 per cent margin) in the corresponding prior year quarter.

     

    Twitter says that total advertising revenue reached $641 million in Q4-2015, an increase of 48 per cent year over year, as reported, and 53 per cent on a constant currency basis. Twitter owned-and-operated advertising revenue was $556 million, an increase of 31 per cent year over year. Non-owned-and-operated advertising revenue reached $85 million, or 13 per cent of advertising revenue, consistent with that of Q3-2015. Growth in total advertising revenue continues to be driven by strong growth in demand for our advertising products, particularly video and website card formats. However, year-over-year growth in the app install advertising format slowed meaningfully in Q4-2015 relative to that of Q3-2015. Sequential video revenue growth in Q4-2015 more than doubled that of total advertising revenue growth.

     

    By channel, the company says that SMB revenue was again the fastest growing on a year-over-year basis, driven by growth in new customers, though it remains the smallest segment of total advertising revenue by a considerable margin. Twitter’s direct sales channel showed the strongest growth in revenue on a sequential basis in the period, reflecting seasonal spending typically seen from brand advertisers in Q4-2015. Twitter’s base of total active advertisers grew by nearly 90 per cent in the period versus Q4 2014 – approximately 16 per cent on a sequential basis as the company continued to sign up new advertisers and grow overall demand on the platform.

     

    Data licensing and other revenue totalled $70 million in the quarter, up 48 per cent year over year, driven by more than 60 per cent growth in mobile ad exchange revenue.

     

    Advertising Metrics

     

    In Q4-2015, Twitter says it reached 130,000 active advertisers, up almost 90 per cent year over year, driven by small and medium-sized businesses (SMB) initiatives. Twitter expects that SMB growth will continue as it improves its product, making it faster and easier to run campaigns and improve Twitter’s direct response tools.

     

    Advertising revenue growth on a year-over-year basis was driven by an increase in ad engagements, which grew 153 per cent year over year. Twitter says that this was once again primarily the result of its move to auto-play video in late Q3-2015, as well as growth in our non-owned-and-operated business and an increase in ad load.

     

    Average cost-per-engagement (CPE) fell 41 per cent year over year, due primarily to the shift to auto-play video, which delivers more engagement at a much lower average CPE than click-to-play video ads. Overall ad load was higher in the quarter, on both a year-over-year and quarter-over-quarter basis, driven by the increase in advertiser demand.

     

    Audience

     

    Total MAUs (monthly average users) were 320 million for the current quarter, flat versus Q3-2015 and an increase of nine per cent on a year-over-year basis. MAUs, excluding SMS Fast Followers, grew six per cent year over year to 305 million, but were down on a sequential basis from 307 million in Q3. As of the end of January, Twitter says that it has already seen total MAUs, excluding SMS Fast Followers, return to Q3 levels. In Q4-2015, the company says that it saw positive impacts from its marketing initiatives, which contributed meaningfully to MAU growth; however, these were more than offset by organic declines, partially due to fourth quarter seasonal trends.

  • FY-2015: Time Warner Cable adds net video customers, revenue up 3.9%

    FY-2015: Time Warner Cable adds net video customers, revenue up 3.9%

    BENGALURU: This the first time since 2006 that Time Warner Cable Inc., (TWC) has reported year-over-year nett video subscriber additions. The company closed the year and quarter ended 31 December, 2015 (FY-2015, current year and Q4-2015, current quarter) with 10.821 million video subscribers, 32,000 (0.3 per cent increase) more than the 10.789 million at the close of FY-2014. The additions were made in Q4-2015, when the company added 54,000 subscribers, hence wiping out the fall of 22,000 until 30 September, 2015. In Q4-2015, TWC reported 10.821 million video customers as compared to 10.727 million in Q3-2015 (0.5 per cent increase).

     

    The company closed the current year with 681,000 more customer relationships than in the previous year. Total customer relationships at the end of FY-2015 and Q4-2015 were 15.129 million as compared to 14,511 million (4.3 per cent increase) at the end of FY-2014 and Q4-2015, and 14.929 million (1.3 per cent increase) in the immediate trailing quarter.

     

    Overall revenue and income

     

    The company reported 3.9 per cent growth in revenue in FY-2015 at $23,697 million as compared to $22,812 million in FY-2014. For Q4-2015, TWC reported 4.9 per cent YoY revenue growth at $6,072 million as compared to $5,790 million. Operating income in FY-2015 however declined 8.5 per cent YoY to $4,239 million as compared to $4,632 million in the previous year. Operating Income in the current quarter declined by 8.2 per cent YoY to $1,125 million as compared to $1,226 million.

     

    Company speak

     

    Time Warner Cable chairman and CEO Rob Marcus said, “I’m incredibly proud of everything we achieved this quarter and in 2015. We made our network more reliable, our products more compelling and our customer service better. And, importantly, our subscriber improvement over the last eight quarters, including our record subscriber performance in 2015, has begun to show up in our financial results. As we begin 2016, we intend to continue to improve the customer experience and build value for our shareholders.”

     

    Segment numbers

     

    Residential video: Residential video revenue in the current year declined 0.9 per cent to $9,907 million as compared to $10,002 million in the previous year. Video revenue in Q4-2015 increased 0.3 per cent YoY to $2,471 million as compared to $2,464 million in Q4-2014. Video Subscription numbers have been mentioned above.

     

    High Speed Data: High Speed Data revenue increased 9.3 per cent in FY-2015 to $7,029 million as compared to $6,428 million in FY-2014. For Q4-2015, the segment’s revenue increased 10.6 per cent YOY to $1,819 million as compared to $1,644 million in Q4-2014. High Speed Data subscribers in FY-2015 increased 8.6 per cent to 12.675 million as compared to 11.675 million in FY-2014. QoQ, relationships increased by 2.3 per cent as compared to 12.394 million in Q3-2015.

     

    Voice: Voice revenue declined 0.1 per cent in FY-2015 to $1,931 million as compared to $1,932 million in FY-2014. In Q4-2015, Voice revenue increased 5.7 per cent YoY to $497 million as compared $470 million. Voice subscribers increased 19.6 per cent in FY-2015 to 6.23 million as compared to 5.284 million in FY-2014. QoQ Voice subscribers increased 3.7 per cent in Q4-2015 as compared to 6.093 million in the immediate trailing quarter.

     

    Multi-Play: In FY-2015, while single play customers increased 2.2 per cent to 5.75 million from 5.63 million and triple play customers increased 21.9 per cent to 5.31 million from 4.356 million, double play customers declined 10.1 per cent to 4.067 million from 4.525 million in FY-2014. QoQ, Single play customers increased 0.8 per cent, triple play customers increased four per cent, while double play customers declined 1.2 per cent.

     

    Business Services: Business services contribution to TWC’s revenue increased to 13.9 per cent in FY-2015 from 12.4 per cent in FY-2014. Overall Business Services Revenue (BSR) in the current year increased 15.7 per cent to $3,284 million from $2,838 million in FY-2014. Total revenue in Q4-2015 increased 14.4 per cent YoY to $864 million (18 per cent of overall revenue) as compared to $755 million (16.4 per cent of overall revenue). A major portion (a little less than 50 per cent) of BSR comes from high speed data and almost 90 per cent of TWC’s business services subscribers opting for this service.